close_game
close_game

Wipro CEO Abidali Neemuchwala resigns due to family commitments

Bengaluru | ByIndo Asian News Service
Jan 31, 2020 08:51 AM IST

Neemuchwala thanked Azim Premji, his son Rishad Premji, the board of directors, colleagues and customers for their support over the years.

Abidali Neemuchwala, the Chief Executive of global software major Wipro, has resigned due to family commitments and will continue as the CEO until the board finds a successor, the company said on Friday.

HT Image(HT Photo)
HT Image(HT Photo)

“Abid will continue to hold the office of CEO & Managing Director until a successor is appointed for a smooth transition and to ensure that business continues as usual,” said Wipro in a statement early morning on Friday.

Meanwhile, Wipro board of directors has initiated the search to find Neemuchwala’s successor.

The company did not specify any time frame to find the successor.

“It has been my honour and privilege to serve Wipro, a company with a rich legacy of almost 75 years. We have made considerable progress in our transformation journey, improved our delivery engine and institutionalised deeper client centricity,” said Neemchwala in a statement early morning on Friday about his resignation.

Neemuchwala thanked Azim Premji, his son Rishad Premji, the board of directors, colleagues and customers for their support over the years.

“We thank Abid for his leadership and his contributions to Wipro. Over the last four years, Abid helped build a strong execution mindset, drove key acquisitions and scaled our Digital business globally,” Chairman Rishad Premji said in a statement.

Rishad said Neemuchwala drove key acquisitions and scaled Wipro’s digital business globally and wished him the very best for his future.

Recommended Topics
Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Breaking News Events and Latest News Updates on Hindustan Times.
See More
Stay updated with the latest Business News on Petrol Price, Gold Rate, Income Tax Calculator along with Breaking News Events and Latest News Updates on Hindustan Times.
SHARE THIS ARTICLE ON
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Monday, January 13, 2025
Start 14 Days Free Trial Subscribe Now
Follow Us On